GENERAL CABLES

Hokitika Guardian, 28 January 1928, Page 3

GENERAL CABLES

(Australian & N.Z. Cable Association.)

BOARD OF TRAD!•

LONDON, Jan. 20

'The Board of Trade’s official estimate. of Britain’s net trade balance in ID2i was given by ID. lion Sir CunlifTe-Lister in a speech in London. Ho said whereas an adverse net balance in 1020 was estimated at the beginning of 1027 at twelve million sterling, it. was arjtuallv only seven million, lie tlion gave the estimated figures for 1027. pointing out the Board of 'Trade’s estimates so-called invisible sports had always been conservative and usually proved on the right side. The excess imports over exports showed a deficit balance of 302 million but the invisible exports, 488 million, including shipping earnings. 140 millions, 270 millions oversea investments, thus allowing for the invisible export figures to show a credit balance of ninotv-six millions.

AN ARREST. ’• PARIS, Jan. 20. Daudet’s companion. Dclcst. cabled June 25. has been rearrested. JAPAN AND RUSSIA. LONDON. Jan. 20. Official circles in London attach importance ito Viscount Goto’s visit to Russia, says the diplomatic correspondent of the “Daily Telegraph.” It is believed that Al. Tchitcherin or Kara Khan will shortly be going to Tokyo to complete a comprehensive

agreement. Tt is also understood that Al. Litvinoff will probably seek another interview with Sir Austen Chamberlain at Geneva, at the end of February, or in Alareli, when t;he meeting of the Security Committee follows that of the I wagin' Council.

FORGERS’ DEN. PARIS Jan. 20

The police unearthed a veritable forgers’ den in a. lonely villa at Vitr.v Sur Seine.

A master forger. Andre Vila, fled, but a description was circulated throughout the country and his arrest is only a. matter of time.

Andre took elaborate precautions to bide bis identity, and built up three different personalities by means of False papers.

Among the discoveries in the den were fifty forged IJank of England £5 notes, a great number of French fifty franc and American Venezuelan notes, together with acids, lives and engruvng tools.

'Hie raid was a sequel to the arrest J t"'o men in Rhoinis in the act of ■hanging false notes.

GERMAN TRAGEDY. BERLIN Jan. 20

An unsigned letter received by the police in Gotha, beginning: “Last night the banker Droste voluntarily left this arduous, irksome life, and 1 >"k bis family with him to the better beyond,’’ led to the discovery that a hanker had shot his wife, two little daughters and himself. The letter referred to Black Friday, Alareli 13th. on which date Bourse credit was drastically restricted. Drciste’s ’liabilities are stated to amount to £25,000. The assets have not yot boon ascertained.

ANGLICAN CHURCH SPLIT. LONDON. Jan. 27. Five of those who took part in the demonstration at -St. Cuthbert’s on January 22nd. and were summoned at Darwen for brawling at Divine service, were bound over in their own

recognisances to k ,,r ' the peace for a- year. The defendants nlcaded their act was a protest agrbi .it Romish practices by the Vicar. Rev. Laurie, claimed that- he had absolutely kept his induction oath, and lie did not admit reservation. The Chairman said the Magistrates could not refrain from calling the attention of the Church authorities to these unfortunate disputes, which were hindering law and order, and were not serving the interests of religion. DO ÜBLE EXECUTTON. (Received this day at 8 a.m.l LONDON. Jan. 27. Rowlands and Driscoll were executed. [John Rowlands. Edward Rowlands, and Daniel Driscoll were sentenced to'death for the murder ol David Lewis, a Cardiff footballer. It was stated that they surrounded him, held his arms behind his hack, and cut his throat. John Rowlands recently became? insane. A cable printed recently stated that a Harley Street specialist was prepared to give evidence to the effect that Lewis died of heart failure and not from his injuries, and that the defence hoped that this new evidence would result in the liberation ol the convicted men. Sir Austen Chamberlain, who is acting as Home Secretary in the absence of Sir M. Joynson-H'icks, has, however refused to intervene on their behalf.] ANGLO-AMERICAN RELATIONS. (Received this day at 9.30 a.m.l LONDON. Jan. 27. “ I do not believe it is possible to exaggerate the potential gravity of the present Anglo-American position,” said Mr Wickham Stead at the Overseas’ l lull luncheon. “ Admiral Plunkett and Big Bill Thompson have a perfect right to say what they think if they are expressing the leelings of a good many Americans, whose ideas are largely counterpart. Old pundits in some West End Clubs in Britain should realise that Americans are perhaps the most foreign nation with which we are dealing.

“ A notice that British people are foreigners should he posted in New York Harbour and a similar reminder should he posted at Southampton and Liverpool that Americans are foreign, ers.

“Only contact between the average decent people of the dominions of Britain and America can reduce the elici t of Plunkett’s and Thompson’s balderdash and moonshine. “We must combat the reciprocal, vanities pud ignorance of the British and il - American Governments or we might automatically reach most dan-

gerotis tension.”

POLITICIANS BARRED

NEW INDIAN BANK. CALCUTTA, Jan. 20. The provision/* of the new Indian Reserve Bank Bill, which are the results of the visit to England of Sii Basil Blackett, Finance member ol the Executive Council, make it el“u•' that the hank will he a shareholders’ institution, not a State hank. No member of any Indian Legislature can be a director of the bank, thus eliminating all political influence. WORtH IT. BABY’S LIFE COSTS £6OO. • CHICAGO, Jan. 20. Firemen expended £6OO worth of oxygen in saving the life of George Smith, a 13-days*-old baby. Tt is no reported to be out of danger, its lung* having been pumped, sten.dlly fOF do hours,